Forming Physician Multispecialty Group Practices: Key Legal Considerations

Evaluating Compensation Models, Negotiating Business Contracts, and Complying With Federal and State Laws

Recording of a 90-minute CLE webinar with Q&A


Conducted on Thursday, September 8, 2011

Recorded event now available

or call 1-800-926-7926
Program Materials

This CLE webinar will provide healthcare provider counsel with a review of key legal issues involved in forming physician multispecialty group practices, including applicable laws and regulations and business considerations. The panel will offer guidance on structuring the arrangements and negotiating key contracts.

Description

Physician multispecialty group practices have grown in popularity due to changes in the law, reimbursement pressures and capital constraints. Because forming multispecialty groups are complex transactions involving significant risk, careful planning and execution are critical.

When structuring multispecialty group practices, counsel to healthcare providers must carefully consider tax and benefits issues, the implications of adding physicians through mergers and acquisitions, and Stark law compliance requirements.

Listen as our authoritative panel of healthcare attorneys explains the key legal considerations when forming multispecialty group practices, including applicable laws and regulations. The panel will discuss best practices when selecting the appropriate legal entity for the business, negotiating deal terms and employment contracts, and establishing compensation models that comply with Stark law.

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Outline

  1. Group formation
    1. Selecting the appropriate legal entity
    2. Tax issues
    3. Benefits issues
  2. Adding physicians through mergers and acquisitions
    1. Determining the purchase price
    2. Key deal terms
    3. Physician employment contract issues
    4. Promoting associates to partners
  3. Stark law and compensation models - compensation for professional services
    1. Compensation for ancillary services
    2. Use of Care Centers and Practice Divisions
  4. Hospital, private equity or other non-physician participation
    1. Corporate practice of medicine and fee splitting
    2. Management arrangements

Benefits

The panel will review these and other key questions:

  • What are the key legal and business concerns for physicians considering forming a multispecialty group practice?
  • What considerations should healthcare counsel weigh when selecting the appropriate legal entity for the business?
  • What compensation models have been most attractive or successful for group practices negotiating employment with physicians?
  • What special concerns arise when there is hospital, private equity or other non-physician participation in the group structure?

Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.

Faculty

Adam J. Rogers
Adam J. Rogers

Partner
McDermott Will & Emery

He focuses his practice on health care transactional, regulatory and litigation matters. He represents a variety of...  |  Read More

William L. Weiner
William L. Weiner

Partner
Duane Morris

He represents physicians and group practices as well as privately-held companies. His practice focuses on commercial...  |  Read More

Wallis S. Stromberg
Wallis S. Stromberg

Of Counsel
Davis Graham & Stubbs

He represents physicians, hospitals, provider networks and other health care providers. He advises on contracting, the...  |  Read More

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